Laugh all you want now wvu...but really, the state of education in general, is beginning to sound ALOT like the Real Estate market crash (I've been saying this for months now).
Schools need to offset the costs of spending for coaches and sports, they increase their tuition annually, with much of the student fees going to the football and athletics departments. Those numbers are skyrocketing.
Include the cost of just GOING to a Big 10 school for example, it's roughly $40,000 a year.
Most degrees aren't going to make back the money spent, so students take out loans...with loads having a high interest rate at like 10% on top of what you owe...it's going to bankrupt many graduates, and several hundred thousand, aren't going to ever pay them off.
Sure, you'll have a billionaire once in a while, but they are few and far between...the job market still isn't as lucrative as it should be, and many expensive professional degrees are losing value because seasoned people in the field, are staying on board longer.
Also, you can't really do much with a history degree from ohio state...maybe write a book, but you're no Stephen King.
This is going to cause schools, who keep charging and spending, to eventually go completely under.
The major reason for the crash? Football.
Football has become such a conglomerate that schools are going to struggle to keep up. I think we're going to see about a dozen or so schools all over America, form their own super conference...probably 16 schools, who can afford to keep themselves afloat financially.
Sad reality is, wvu is NOT going to be part of that...osu, Michigan, Florida, Alabama, etc, they will be however.
I was listening to the post game show on the radio for the wvu bowl game. One of the questions brought up was,
"TCU is just outside of the CFP. How did they get in over us? We joined at the same time...yet they're a marquee team and we're struggling to make a bowl each season."
After my laughter at the reality that would become the answer shortly, one of the radio guys honestly said,
"I was down there with Holgorsen when we played one year. They just built new suites, and renovated the entire stadium. It looked amazing. They then told us that 'We had 5 TCU boosters give $17 million each to fund this project.' Let that sink in for a second...and TCU is in the highest concentration of millionaires in America. We have some great boosters, but nowhere NEAR the level they have in Ft. Worth."
They then went on to talk about, "Well our mentality has always been, 'Do more with less' which we've been able to do."
Funny, that mentality is exactly what is going to keep wvu from expanding at all, if ever, into anything relevant.
The sad reality for you wvu fans, is wvu is living in a dream world of relevancy. Sure, the upset will happen in the Big-12...but we all saw that happen EVERYWHERE ELSE! Even in our conference. Nothing makes wvu "special" because they upset 1 team in the top 10...if so, then Texas A&M fans would be wondering why they're not in the playoff because they upset Auburn. Oh wait, it's because they're living in REALITY and know they're not supposed to go anywhere with their garbage record.
Wvu fans are going to realize eventually, that they fit in the Big 12 as much as 2 left shoes. Seriously.
Once Ollie Luck expands the NCAA horizon to paying players, kiss ANY relevance goodbye.
The worst part of it all, for wvu fans, is they're going to be on the SAME level as Marshall...
I can't wait.
Schools need to offset the costs of spending for coaches and sports, they increase their tuition annually, with much of the student fees going to the football and athletics departments. Those numbers are skyrocketing.
Include the cost of just GOING to a Big 10 school for example, it's roughly $40,000 a year.
Most degrees aren't going to make back the money spent, so students take out loans...with loads having a high interest rate at like 10% on top of what you owe...it's going to bankrupt many graduates, and several hundred thousand, aren't going to ever pay them off.
Sure, you'll have a billionaire once in a while, but they are few and far between...the job market still isn't as lucrative as it should be, and many expensive professional degrees are losing value because seasoned people in the field, are staying on board longer.
Also, you can't really do much with a history degree from ohio state...maybe write a book, but you're no Stephen King.
This is going to cause schools, who keep charging and spending, to eventually go completely under.
The major reason for the crash? Football.
Football has become such a conglomerate that schools are going to struggle to keep up. I think we're going to see about a dozen or so schools all over America, form their own super conference...probably 16 schools, who can afford to keep themselves afloat financially.
Sad reality is, wvu is NOT going to be part of that...osu, Michigan, Florida, Alabama, etc, they will be however.
I was listening to the post game show on the radio for the wvu bowl game. One of the questions brought up was,
"TCU is just outside of the CFP. How did they get in over us? We joined at the same time...yet they're a marquee team and we're struggling to make a bowl each season."
After my laughter at the reality that would become the answer shortly, one of the radio guys honestly said,
"I was down there with Holgorsen when we played one year. They just built new suites, and renovated the entire stadium. It looked amazing. They then told us that 'We had 5 TCU boosters give $17 million each to fund this project.' Let that sink in for a second...and TCU is in the highest concentration of millionaires in America. We have some great boosters, but nowhere NEAR the level they have in Ft. Worth."
They then went on to talk about, "Well our mentality has always been, 'Do more with less' which we've been able to do."
Funny, that mentality is exactly what is going to keep wvu from expanding at all, if ever, into anything relevant.
The sad reality for you wvu fans, is wvu is living in a dream world of relevancy. Sure, the upset will happen in the Big-12...but we all saw that happen EVERYWHERE ELSE! Even in our conference. Nothing makes wvu "special" because they upset 1 team in the top 10...if so, then Texas A&M fans would be wondering why they're not in the playoff because they upset Auburn. Oh wait, it's because they're living in REALITY and know they're not supposed to go anywhere with their garbage record.
Wvu fans are going to realize eventually, that they fit in the Big 12 as much as 2 left shoes. Seriously.
Once Ollie Luck expands the NCAA horizon to paying players, kiss ANY relevance goodbye.
The worst part of it all, for wvu fans, is they're going to be on the SAME level as Marshall...
I can't wait.